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Oil and gas markets did not take seriously the statements of the Russian dictato...

Putin's failure day. Oil fell to a minimum in six months, the gas market "digested" the northern stream stop

Oil and gas markets did not take seriously the statements of the Russian dictator to stop the supply of hydrocarbons. Prices have fallen to a minimum. The price of Brent oil at the auctions of the London Ice Stock September 7 fell below $ 89 per barrel - for the first time from February 3. The American brand WTI also fell below $ 85 per barrel for the first time from January 25.

Video of the day, in addition, the price of October futures on TTF on the Ice Futures exchange has dropped to $ 2134 per thousand cubic meters - that is, before the level of early August, when there was no hype about the North Stream stop. Earlier, on September 7, speaking at the Eastern Economic Forum-2022, Russian dictator Vladimir Putin threatened the termination of supply of oil, coal and petroleum products if the event introduces a ceiling of prices for these resources.

“And at all we will not supply anything, if it is contrary to our interests, in this case economic. We will not supply gas, neither oil, nor coal, no fuel oil. If someone tries to impose something on us, then I want to point out that those who impose are not in that position today to dictate our will. Let […] be imprisoned. And we will only have one thing left, as in the famous Russian fairy tale, to say: freeze, freeze, wolf tail, ”Putin said.